Real Estate - New York, New York, United States
Established in 1991, Property Markets Group (PMG) is a real estate acquisition and development firm with over $3 Billion in real estate assets spread throughout the United States. Started by Kevin Maloney, PMG has grown to several hundred employees with offices in New York, Miami, and Chicago. PMG has successfully been transforming underutilized assets into highly profitable operating properties for over fifteen years. Our portfolio is a showcase of various types of real estate including residential, hotel, commercial and resort developments nationwide. Focusing on New York, Miami, and Chicago, the Fund's investment strategy is to acquire real estate assets at significant discounts to their current fair market values, for their subsequent resale, and from time to time to fund the development of high-yield real estate projects. Assets that are considered "bad" or "non-performing" are of sole interest to our group.